#BTC# The current market decline for Bitcoin is unlikely to last long, according to crypto analyst Timothy Peterson, who believes that a recovery may be on the horizon within the next three months.

Looking at past trends, he claims that this cycle fits into the historical patterns of Bitcoin corrections.
Since 2015, BTC has experienced ten significant price declines of at least 20% from previous peaks, typically once a year. However, only four instances – 2018, 2021, 2022, and 2024 – have lasted longer than the current downturn.
However, Peterson considers the current bear market to be relatively weak, which suggests that it is unlikely for the leading digital asset to fall below $50,000.
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He also sees strong upward momentum, making it difficult for the asset to fall below $80,000, especially as global monetary policies shift towards easing.
Looking ahead, Petersen expects Bitcoin to go through a temporary price decline over the next month before sharply recovering after April 15.
The expert predicts profits of 20-40% over the next few weeks, which could revive market interest and attract new investors. If this scenario materializes, he believes that the price of Bitcoin could rise even further as optimism resumes.